Globavend Holdings Ltd.

General Information

We are a holding company incorporated in the Cayman Islands with operations conducted by our Hong Kong subsidiary, Globavend HK. Since June 2023, we have established our principal executive office in Perth, Australia. (Incorporated in the  Cayman Islands)

Founded in 2016, we are an emerging e-commerce logistics provider providing end-to-end logistics solutions in Hong Kong, Australia and New Zealand. Our business spans Hong Kong, 4 cities in Australia and in New Zealand through our own business presence and the presence of our service providers. Our customers are primarily enterprise customers, being e-commerce merchants, or operators of e-commerce platforms, in providing business-to-consumer (B2C) transactions.

As an e-commerce logistics provider, we provide integrated cross-border logistics services from Hong Kong to Australia and New Zealand, where we provide customers with a one-stop solution, from pre-carriage parcel drop off to parcel consolidation, air-freight forwarding, customs clearance, on-carriage parcel transportation and delivery. We rely our own proprietary all-in-one shipping solution, which has been or can be connected to the customer’s own IT systems (such as enterprise resource planning (ERP) systems, customer relationship management (CRM) systems, booking management systems or point of sale (POS) systems) on one end and the transportation management systems (TMS) of our ground transportation service providers on the other end, to facilitate effective logistics management.

*Note: Net  income and revenue are for the 12 months that ended March 31, 2023.

(Globavend Holdings Ltd. downsized its IPO at pricing by 20 percent to 1.5 million shares – down from 1.875 million shares in the prospectus – and priced the IPO at $4.00 – the low end of its $4.00-to-$5.00 range – to raise $6.0 million on Nov. 7, 2023. Background: Globavend Holdings Ltd. filed its F-1 and disclosed terms for its IPO on Aug. 23, 2023.)


Industry: Logistics - Arrangement of Freight & Transportation
Employees: 7
Founded: 2016
Contact Information
Address Office 1401, Level 14, 197 St Georges Tce, Perth, WA 6000, Australia
Phone Number +61 08 6141 3263
Web Address
View Prospectus: Globavend Holdings Ltd.
Financial Information
Market Cap $58.5mil
Revenues $19.62 mil (last 12 months)
Net Income $0.87 mil (last 12 months)
IPO Profile
Symbol GVH
Exchange NASDAQ
Shares (millions): 1.5
Price range $4.00 - $4.00
Est. $ Volume $6.0 mil
Manager / Joint Managers R.F. Lafferty & Co.
Expected To Trade: 11/8/2023
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change